Putin Establishes Committee to Strengthen BRICS Cooperation

Source: Berliner Zeitung | Original Published At: 2026-02-17 14:27:38 UTC

Key Points

• Russia establishes National Committee for Business Cooperation under Putin to boost BRICS economic collaboration
• Maxim Oreschkin appointed committee chair to coordinate Russia's business relations with BRICS nations
• Highlights BRICS Pay cross-border payment system and precious metal exchange as key financial initiatives
• Notes BRICS expansion to include Indonesia, Iran, Saudi Arabia, UAE, and Ethiopia
• Emphasizes BRICS efforts to reduce dollar dependency through alternative financial mechanisms